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The latest news on companies processing and distributing steel products.

Latest News

Russel Metals Reports 4th Quarter, Full Year 2008 Results

24 February 2009 - Russel Metals reports net earnings of $29.0 million on revenues of $842.7 million for the fourth quarter, and net earnings of $228.5 million on revenues of $3.366 billion for the year ended December 31, 2008.

Metals USA Acquires VR Laser

24 February 2009 - Metals USA Holdings acquires the operating assets of Philadelphia-based VR Laser, a metal processor of carbon plate products.

Russel Metals Initiates Actions to Reduce Operating Expenses

24 February 2009 - Russel Metals commences cost containment measures including layoffs, reduced working hours and salary reductions that are expected to result in an aggregate net decrease in operating costs of more than $25 million in 2009.

Russel Metals Reports 4th Quarter, Full Year 2008 Results

24 February 2009 - Russel Metals reports net earnings of $29.0 million on revenues of $842.7 million for the fourth quarter, and net earnings of $228.5 million on revenues of $3.366 billion for the year ended December 31, 2008.

Reliance Steel & Aluminum Reports Results for 2008

20 February 2009 - Reliance Steel & Aluminum reports net income of $66.3 million on sales of $2.1 billion for the fourth quarter, and record net income of $482.8 million on record sales of $8.7 billion for the fiscal year ended December 31, 2008.

Reliance Steel & Aluminum Reports Results for 2008

20 February 2009 - Reliance Steel & Aluminum reports net income of $66.3 million on sales of $2.1 billion for the fourth quarter, and record net income of $482.8 million on record sales of $8.7 billion for the fiscal year ended December 31, 2008.

Olympic Steel Reports 4th Quarter, Full-Year 2008 Results

13 February 2009 - Olympic Steel reports net income of $0.8 million on net sales of $253.6 million for the fourth quarter and record net income of $67.7 million on record net sales of $1.23 billion for the year ended December 31, 2008.

Olympic Steel Reports 4th Quarter, Full-Year 2008 Results

13 February 2009 - Olympic Steel reports net income of $0.8 million on net sales of $253.6 million for the fourth quarter and record net income of $67.7 million on record net sales of $1.23 billion for the year ended December 31, 2008.

Olympic Steel Announces Additions to Senior Management Team

04 February 2009 -  Olympic Steel announces the appointment of Andrew S. Greiff as Vice President of Specialty Metals, and the promotion of Steven L. Larson to Director of Operations and Facilities,

Olympic Steel Announces Additions to Senior Management Team

04 February 2009 -  Olympic Steel announces the appointment of Andrew S. Greiff as Vice President of Specialty Metals, and the promotion of Steven L. Larson to Director of Operations and Facilities,

Metals USA Reports 2008 Year-End Results

03 February 2009 - Metals USA Holdings Corp. reported a net loss of $7.0 million on net sales of $456.4 million for the fourth quarter and net income of $72.6 million on net sales of $2,156.2 million for the full year ended December 31, 2008.

Metals USA Reports 2008 Year-End Results

03 February 2009 - Metals USA Holdings Corp. reported a net loss of $7.0 million on net sales of $456.4 million for the fourth quarter and net income of $72.6 million on net sales of $2,156.2 million for the full year ended December 31, 2008.

Olympic Steel Completes Company-Wide ISO 14001 Certification

27 January 2009 - Olympic Steel successfully completes ISO 14001 registration for all of its operational locations.

Russel Metals Announces New Leadership

23 December 2008 - Russel Metals’ newly announced President and CEO will succeed Edward M. (Bud) Siegel, who has led Russel Metals since 1997.

Russel Metals to Acquire Norton Metal Products

11 November 2008 - Russel Metals Inc. has entered into a stock purchase agreement to acquire 100% of the outstanding capital stock of Norton Metal Products, a family-owned metals service center located in Fort Worth.

Olympic Steel Announces Senior Management Promotions

07 November 2008 - Olympic Steel promotes senior managers into the positions of Regional Vice President for the company's newly established Southern Region, and General Manager for the North and South Carolina operations.

Russel Metals Reports 3rd Quarter Net Earnings

07 November 2008 - Russel Metals reports net earnings of $92 million on consolidated revenues of $955 million for the third quarter, and net earnings of $200 million on revenues of $2.5 billion for the nine months ended September 30, 2008.

Reliance Steel & Aluminum Names New Corporate Officers

31 October 2008 - Reliance Steel & Aluminum announces the appointment of a new Senior Vice President—Operations, and new Chief Information Officer.

Olympic Steel Reports Record Nine-Month Results

31 October 2008 - Olympic Steel reports net income of $24.2 million on net sales of $335.2 million for the third quarter and record net income of $66.9 million on record net sales of $973.6 million for the first nine months of 2008.

Metals USA Reports 3rd Quarter Results

21 October 2008 - Metals USA Holdings reports net income of $36.0 million on net sales of $617.7 million for the third quarter, and net income of $79.6 million on net sales of $1699.8 million for the nine months ended September 30, 2008.

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